VOL 4 Issue #9 May 2022 #BTC AstroCrypto Report Update
VOL 4 Issue #9 May 2022 #BTC AstroCrypto Report
Disclaimer: * Please note I am not a financial advisor, this report should not be taken as financial, investment or trading advice. Bitcoin is a volatile, high risk asset. The author assumes no responsibility or liability for your investment decisions or any financial gains or losses based on the information in this report. Do your own research, technical analysis and due diligence before trading or investing in Bitcoin or any other assets !
How did we do in April ?
While I accurately called the late March rally and the early April sell off quite well we did not see the late April rally I expected. Still With Jupiter sextile BTC Jupiter in early May, and sextile BTC Mercury and conjunct BTC Moon, we may have another chance to sell the rally.
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“Runaway inflation, and the interest rate increases meant to contain it, will make life harder for consumers. A severe Covid lockdown in China and the invasion of Ukraine are worsening disruptions in the flow of goods across borders, contributing to rising food and energy prices, and threatening corporate profits.
On Friday alone, the S&P 500 slid 3.6 percent after the tech giants Amazon and Apple reported their results for the start of the year, crystallizing fears of rising costs and supply constraints. Analysts say Wall Street’s pessimism isn’t likely to end until the major concerns are resolved, and when that will happen seems impossible to know."
https://www.nytimes.com/2022/04/29/business/april-stocks-inflation.html
"The markets are confused. The uncertainty factor is some of the highest we’ve seen in the course of the last number of years,” Kate Moore, BlackRock global allocation team head of thematic strategy, said in a Bloomberg Television interview, citing everything from inflation, Covid, central bank policy to war in Ukraine. “There are so many crosscurrents. And against that backdrop, it’s hard to see volatility come down dramatically.”
Bloomberg 4/27/22
May Transits to the BTC Natal Chart
May 1 Venus sextile to BTC Jupiter: favorable
May 2 Mars sextile to BTC Sun: favorable
May 3
Venus square BTC Pluto; Possible Unfavorable
Sun trine BTC Sun: favorable
Mercury trine BTC Mercury: favorable
(Also Jupiter sextile Pluto: Major Favorable)
May 4 (Fed Meeting)
May 4 Venus sextile BTC Mercury:favorable
May 6 Venus conjunct BTC Moon: favorable
May 7 Venus square BTC Mars: Unknown/ leans unfavorable
Mercury sextile BTC Moon May 6-10: Very Favorable
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